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PTC Industries Ltd ( (IN:PTCIL) ) has issued an update.
Trac Precision Solutions, a subsidiary of PTC Industries, has partnered with Coolbrook to supply components for its RotoDynamic Heater, a technology aimed at reducing CO₂ emissions in high-temperature industrial processes. This strategic move positions Trac at the forefront of the clean energy transition, offering significant growth opportunities and aligning with global sustainability efforts. The collaboration is expected to generate substantial revenue as it scales with Coolbrook’s global expansion, marking a pivotal moment for Trac and enhancing its reputation in the clean tech sector.
More about PTC Industries Ltd
PTC Industries Limited operates in the advanced manufacturing and technology sector, focusing on providing precision engineering solutions. The company is part of the PTC Group and is involved in producing critical components for industries such as aerospace, power generation, and now, industrial decarbonisation.
Average Trading Volume: 825
Technical Sentiment Signal: Strong Buy
Current Market Cap: 235.2B INR
Find detailed analytics on PTCIL stock on TipRanks’ Stock Analysis page.